Swiscoins have value because they are useful as a form of money. Swiscoin has the characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in central authorities (like fiat currencies). In short, Swiscoin is backed by mathematics. With these attributes, all that is required for a form of money to hold value is trust and adoption. In the case of Swiscoin , this can be measured by its growing base of users, merchants, and startups. As with all currency, Swiscoin's value comes only and directly from people willing to accept them as payment.